For Sale
$1,350,000

0 Highway 70Arcadia, FL 34266

Prime 30-acre industrial/residential land

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 30-acre property, located in Arcadia, Florida, presents a compelling investment opportunity. Situated on SE Hwy 70, it boasts 1,320 feet of highway frontage and is only 2.5 miles from Arcadia's town center. Currently zoned A-5 (one dwelling per five acres) with a "Rural" future land use designation, the property offers significant potential for rezoning to accommodate industrial development, aligning with DeSoto County's comprehensive plan. Its strategic location provides convenient access to major roadways and the west coast, placing Punta Gorda, Port Charlotte, Fort Myers, and Naples within a 40-minute radius. Nearby amenities include Publix, Walmart, Culvers, and a Ford dealership. The property's value is further enhanced by the availability of sewer on-site and water access just two miles away on Hwy 70. DeSoto County's ongoing three-phase water infrastructure expansion promises to increase future development value. This presents a strong 5- to 8-year investment hold prospect. Note that an additional 109 acres are available for purchase at a discounted price. The APN is A 30 acre portion of 02-38-25-0000-0140-0000. The asking price is $1,350,000, representing a price per acre of $45,000.

Highlights

  • $1,350,000 asking price for 30 acres of land.
  • Located in Arcadia, FL, on SE Hwy 70 in DeSoto County (APN: A 30 acre portion of 02-38-25-0000-0140-0000).
  • Currently zoned A-5 (1 dwelling per 5 acres) with a Rural future land use designation; rezoning potential for industrial use.
  • $45,000/acre land value.
  • Convenient access to Punta Gorda, Port Charlotte, Fort Myers, and Naples; nearby amenities include Publix, Walmart, and more.

Property Details for 0 Highway 70

Property type
Land, Industrial properties
Lot Size (sq. ft)
1,306,800 SF

Location Insight

City
Arcadia
County
DeSoto
State
Florida
Latitude
27.2090003
Longitude
-81.8318265
Highway 70, Arcadia, Florida

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0 Highway 70
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